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GDP per capita in Russia GROWS SIGNIFICANTLY in 2022, exceeds | Russian Market

GDP per capita in Russia GROWS SIGNIFICANTLY in 2022, exceeds $15,000

GDP per capita in Russia at the end of 2022 stood at $15,44K according to the International Monetary Fund.

So, the indicator has grown by 22.3% (or $2.82K) since 2021, approaching the 2013 record of $15,93K, based on the IMF data.

Yet according to Q1 2023, Russia's GDP per capita fell to $14.4K, largely due to the staggering number of sanctions imposed on the country and the restrictions of Russia's exports to Europe.

Nevertheless, the dynamics are significantly unlike those of a decade ago, when Russia's GDP per capita plummeted from $14.1K in 2014 to $9.26K in 2015, as measured by the IMF.

What's more - back in 2000 Russia's GDP per capita was at about $1,5K.
X10 since then!

Overall, GDP per capita increased in 2022 in 74 of the 100 nations. Guyana (89.1%), Armenia (40.6%), and Georgia (33.4%) posted the highest gains. 25 countries saw a decline: GDP per capita noticeably dropped in Japan (-15.2%), Sweden (-8.6%) and Korea (-7.9%).

Going strong!

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